Post
Nopopit
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🚨 PIPPN update. 📉🔴🔴
The main structure in the H4 time frame has changed from bullish to bearish. There has been a change in character indicating that selling pressure is starting to take over.
However, there is currently no truly valid confirmation for a short entry. Several previous supply areas have been breached, so there has not been a strong reaction that can serve as a basis for entry.
The last important area is now at the last swing high of PIPPN. As long as there is no clear rejection confirmation or continued breakdown, I am still observing and not aggressively entering.
The bias is already bearish, but still wait for confirmation. Don’t force positions. Maintain risk management.
$PIPPIN #USNFPBlowout
{future}(PIPPINUSDT)
The main structure in the H4 time frame has changed from bullish to bearish. There has been a change in character indicating that selling pressure is starting to take over.
However, there is currently no truly valid confirmation for a short entry. Several previous supply areas have been breached, so there has not been a strong reaction that can serve as a basis for entry.
The last important area is now at the last swing high of PIPPN. As long as there is no clear rejection confirmation or continued breakdown, I am still observing and not aggressively entering.
The bias is already bearish, but still wait for confirmation. Don’t force positions. Maintain risk management.
$PIPPIN #USNFPBlowout
{future}(PIPPINUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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